Warehouse in Focal Point, Ludhiana
Liquidator (IBC)
Focal Point, Ludhiana, Punjab
Focal Point, Ludhiana, Punjab
Approx. area ~1 kmOpen in full map
Property
- Type
- Industrial
- Sale mode
- E-auction
- Bidding on
- BAANKNET
Not in the notice: area, possession
Key dates (IST)
Notice published
EMD deadlineNext
Auction starts
Encumbrances stated in the notice
The notice does not state any encumbrances.
Not in the notice: statutory dues
Where
The property, as the notice describes it
(i) Factory Plant located at Phase-8, Road Point Mangli, Ludhiana, Punjab – 141010 (ii) Warehouse leased from Adinath Textiles Ltd. – Village Bholapur, P.O. Sahabana, Chandigarh Road, Ludhiana and (iii) Warehouse leased from Jagran Prakashan – D-360, Focal Point, Phase-8, Ludhiana
Approximate: locality, from address matched to the village directory
Focal Point, Ludhiana, Punjab
Pincode 141010
Who may bid (Section 29A)
In a liquidation sale the liquidator may not sell to anyone Section 29A of the Insolvency and Bankruptcy Code, 2016 bars from bidding, such as the company's promoters and people connected to them, or anyone listed for wilful default under the Reserve Bank of India's rules. Bidders declare that they are eligible when they bid, and can lose the EMD if they are not. This is a summary, not legal advice: read the notice and the process document, and ask the liquidator.
IBBI's Liquidation Process Regulations (PDF, English) (opens in a new tab)
Seller and source
Liquidator (IBC)
Source: Insolvency and Bankruptcy Board of India (ibbi.gov.in)
Seller
- Selling as
- Liquidator (IBC)
- Seller type
- Liquidator (IBC)
Source
- Source: Insolvency and Bankruptcy Board of India (ibbi.gov.in)Verified
Last checked IST
What changed
2 changes recorded. Latest, : Details updated at the source.
Changed: EMD
Seen
Seen